Schwab US Dividend Equity ETF $SCHD is Latko Wealth Management Ltd.’s 5th Largest Position

Latko Wealth Management Ltd. reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 21.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 358,922 shares of the company’s stock after selling 100,214 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 4.8% of Latko Wealth Management Ltd.’s investment portfolio, making the stock its 5th largest holding. Latko Wealth Management Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $9,845,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. grew its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares in the last quarter. Merrithew & Thorsten Inc purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $25,000. Field & Main Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000. Dynamic Wealth Strategies LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000. Finally, Triumph Capital Management purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $33,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $32.63 on Friday. The company has a market cap of $92.63 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $25.89 and a 12 month high of $32.91. The company has a 50-day simple moving average of $31.27 and a 200-day simple moving average of $29.85.

About Schwab US Dividend Equity ETF

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.